Nexen works with peer companies to improve environmental performance.
Collaborating on Solutions
Nexen believes in the value of teamwork and collaboration to improve performance. It’s the way we do business, not only in regard to our own teams but also in our relationships with others.
We are a founding member of Canada’s Oil Sands Innovation Alliance Inc. (COSIA), a collaborative network with a vision to enable responsible and sustainable growth of Canada’s oil sands while delivering accelerated improvement in environmental performance through collaborative action and innovation.
Through COSIA, participating companies will capture, develop and share the most innovative approaches and best practices to improve environmental performance in the oil sands, initially focusing on four priority areas – tailings, water, land and greenhouse gases. COSIA will take innovation and environmental performance in the oil sands to the next level through a continued focus on collaboration and transparent exchange.
One example is the Faster Forests program. This initiative aims to reduce forest fragmentation caused by oil sands development, thereby improving habitat for woodland caribou and other mammals. To date, Faster Forests has resulted in the planting of about 2 million trees on roughly 1,000 exploration sites. Nexen planted our one-millionth tree in the Long Lake area in July 2014.